QIHU order filled

May 6, 2013

Lots going on in the stock market – it keeps making new alltime highs, but the market is getting a little frothy.

QIHU order was filled at $35.29.  Stock was up 8% within minutes.   I rarely sell stocks, but I am starting to feel like the market is getting too frothy.  I sold 400 of the shares in the morning, at prices between 36.94 and 37.41.  Profit at $700.  Kept 100 shares.

Volume is strong on the breakout, indicating the big players are behind the move.  Bodes well for a continued run upwards.

QIHU reports earnings on May 20.

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